Inphi Corp. (IPHI) Reports In-Line Q1 EPS; Warns for Q2
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Inphi Corporation Reports 16% Sequential and 73% Year-over-Year Revenue Growth in Q1, 2017 (from continuing operations)
May 2, 2017 4:05 PM EDTSANTA CLARA, CA -- (Marketwired) -- 05/02/17 -- Inphi Corporation (NYSE: IPHI), a leader in high-speed data movement interconnects, today announced financial results for its first quarter ended March 31, 2017.
GAAP Results
Revenue from continuing operations in the first quarter of 2017 was $93.6 million on a U.S. generally accepted accounting principles (GAAP) basis, up 16% sequentially from $80.9 million in the fourth quarter of 2016 and up 73% year-over-year, compared with $54.1 million in the first quarter of 2016. This revenue growth reflects an increase in demand for Inphi linear transimpedance amplifiers, linear driver products, ColorZ inter-data... More
